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DUBLIN - French multinational bank Societe Generale (OTC:SCGLY) SA has disclosed a significant stake in Dalata Hotel Group plc, a leading hotel operator in Ireland. On May 2, 2025, Societe Generale reported a combined interest and short position amounting to 2.81% and 1.11%, respectively, in the hotel group’s €0.01 ordinary shares.
The disclosure, made in compliance with the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, indicates that Societe Generale owns 5,843,543 shares, representing a 2.76% stake in Dalata Hotel Group. Additionally, the bank holds cash-settled derivatives comprising 105,618 shares (0.05%) and short positions totaling 2,339,419 shares (1.11%).
The transaction details provided for May 2, 2025, include the purchase of 3,607 shares and the sale of 7,442 shares at a price of €5.16 per unit. Moreover, Societe Generale engaged in cash-settled derivative transactions, increasing both a short position by 3,607 shares and a long position by 7,442 shares, with each transaction priced at €5.16 per unit.
Societe Generale’s disclosure does not indicate any indemnity or dealing arrangements that may serve as an inducement to deal or refrain from dealing. The bank also confirmed that there are no attachments to the form, such as a Supplemental Form 8, and no agreements, arrangements, or understandings related to options or derivatives that would affect voting rights or future acquisition or disposal of relevant securities.
The disclosure was made public on May 6, 2025, by Societe Generale’s Disclosure team, with contact details provided for further inquiries. This announcement is based on a press release statement and is intended to inform investors and comply with regulatory requirements. No additional details about the bank’s strategic intentions or future investment plans in Dalata Hotel Group were disclosed.
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